MU - Is Micron Technology Stock Going to $150? 1 Wall Street Analyst Thinks So.
2024-03-15 15:31:23 ET
Artificial intelligence (AI) stocks are red hot -- and Christopher Danely thinks Micron Technology (NASDAQ: MU) stock might be the red-hottest of the bunch. Writing in a note covered on StreetInsider.com Friday, the Citigroup analyst argued Micron stock that costs $93 on Friday will hit $150 a share within a year. That's an almost 61% price jump.
How sure is he about that number?
Pretty certain. Danely is touting Micron as Citi's "top pick."
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Is Micron Technology Stock Going to $150? 1 Wall Street Analyst Thinks So.